Charlottesville
Look back at the data from the first of the year … analysis of “where we are now” coming soon. It is too soon to pull the data on sold homes in the Charlottesville region via the Charlottesville MLS; usually it takes a few days for all the transactions to be entered.
What does this mean? To Charlottesville buyers, to Charlottesville sellers. Coming Thursday.
Briefly:
1 – If you’re a buyer, be patient and informed.
2 – If you’re a seller, be aggressive, dispassionate, detached and informed.
Number of single family homes put under contract in Charlottesville/Albemarle between 1 May and 31 May:
Number of single family homes put under contract in Charlottesville/Albemarle between 1 April and 30 April:
Single Family Homes Put under contract in April+May in Charlottesville-Albemarle:
Contracts are UP. Really.
Number of properties put under contract in the Charlottesville MSA between 1 May and 28 May:
Real estate prices just for the City of Charlottesville, comparing median prices in the top and bottom quartiles:
Real estate inventory just for the City of Charlottesville, comparing inventory levels in the top and bottom quartiles:
I’m thinking the dip might have something to do with the homebuyer tax credit.
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Jim Duncan has been helping buyers and sellers in Charlottesville’s neighborhoods for 25 years. Get local insight born of experience.
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